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Property profile

8008 27th W St University Place, WA 98466

OFF-MARKET
Retail space
Property ID
US90-1764057
2,200 SF 0.3 ac lot Built 1925
Last sale Aug 1992 · $185,000
Trust Owned Owner of record is a trust. 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use property is located on a corner lot in University Place and is approximately 4,740 square feet in total. The building combines commercial and residential space within a single property, creating a combined mixed-use layout. Its positioning on a corner lot provides frontage and street visibility on more than one side, and the site is situated in an area with high vehicular and pedestrian traffic and convenient access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$702k
Assessed land$378k
Assessed improvement$325k
Effective rate1.23%

Value estimate

· Oct 2026
$430k
$387k – $473k
AI approach$430k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$302/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$153 – $471
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU
Mixed Use - Office (MU-O). It is the City’s intent to create a well-balanced, well-organized combination of land uses that recognizes his...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Tailor Shop10.2
Bakery10.1

Location

8008 27th W St University Place, WA 98466-3406
County assessor Recorded deeds · 2 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1912 65th W, Tacoma, WA 98466-6224 $225,000 Oct 2024 3,184 SF
1902 65th Ave W, Tacoma, WA 98466-6224 $475,000 Feb 2024 2,807 SF
1902 65th Ave W, Fircrest, WA 98466-6224 $875,000 Feb 2024 3,301 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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